Examples of using Embedded value in English and their translations into German
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Colloquial
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Official
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Medicine
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Financial
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Ecclesiastic
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Political
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Computer
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Programming
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Official/political
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Political
Assumptions for embedded value calculations.
Therefore, this sensitivity is considered not significant as a risk for the embedded value.
An analysis of sensitivity indicates to what extent the embedded value is affected by variations in risk factors.
Therefore, this sensitivity isconsidered not significant as an adverse risk for the embedded value.
The Swiss Life Group's embedded value rose by 13% to CHF 10.1 billion in the first half of the year, which corresponds to a value per share of CHF 298 as of 30 June 2006.
On the occasion of the press conference on April 27, 2001,the Swiss Life/Rentenanstalt Group will also announce its embedded value for the first time.
If the foreign currencies had strengthened by 10% against the euro, the embedded value would not have changed in the other countries 2007: CHFÂ 2Â million higher.
This was mainly because the investmentresult achieved was considerably below the underlying assumptions used to calculate the embedded value.
At 31 December 2011, if the swaption implied volatilities(interest rates)had been 25% lower, the embedded value would have been CHF 544 million higher 2010: CHF 397 million higher.
Additional fees in the region of CHF 0.9 million were also paid to PwC in 2017(prior year CHF 1.4 million),approximately CHF 0.4 million of which was for the audit of the Market Consistent Embedded Value(MCEV) report 2016.
At 31 December 2008, if the foreign currencies had weakened by 10% against the Swiss franc, the embedded value would have been CHF 11 million higher in Switzerland 2007: CHF 4 million higher.
At 31 December 2008, if morbidity had been 10% lower, the embedded value would have been CHF 32 million higher in Switzerland(2007: CHF 29 million higher) and CHF 16 million higher in the other countries 2007: CHF 30 million higher.
The Group's risk andvalue management decisions are primarily based on the embedded value and economic risk capital.
Sensitivity analysis The Swiss Life Group uses the traditional embedded value, as one of the main management tools, for its sensitivity analysis with regard to insurance risk and market risk.
It is particularly important to note thatthe change to IFRS 9 and its first-time application have no effect on our contribution margins or embedded value because it represents only a change in the time when the impairment is recognised in the income statement.
Due to different valuation principles, changes in the embedded value are typically not reflected to the same extent in the consolidated balance sheet and consolidated statement of income of the Swiss Life Group and vice versa.
At 31 December 2008, if the foreign currencies had strengthened by 10% against the Swiss franc, the embedded value would have been CHF 11 million lower in Switzerland 2007: CHF 4 million lower.
At 31 December 2008, if morbidity had been 10% lower, the embedded value would have been CHF 32 million higher in Switzerland(2007: CHF 29 million higher) and CHF 16 million higher in the other countries 2007: CHF 30 million higher.
At 31 December 2008, if the fair value of equity securities andproperty had been 10% lower, the embedded value would have been CHF 447 million lower in Switzerland(2007: CHF 377 million lower) and CHF 46 million lower in the other countries 2007: CHF 83 million lower.
The analysis is based on changes in the assumptions used in the embedded value calculation whereby a specific risk factor is changed while holding all other assumptions constant unless they are directly associated.
At 31 December 2008, if the longevity improvement parameter had decreased by 10%, the embedded value would have been CHF 44 million higher in Switzerland(2007: CHF 33 million higher) and CHF 7 million higher in the other countries 2007: CHF 26 million higher.
At 31 December 2008, if the fair value of equity securities andproperty had been 10% higher, the embedded value would have been CHF 304 million higher in Switzerland(2007: CHF 307 million higher) and CHF 45 million higher in the other countries 2007: CHF 84 million higher.
At 31 December 2008, if the fair value of equity securities andproperty had been 10% higher, the embedded value would have been CHF 304 million higher in Switzerland(2007: CHF 307 million higher) and CHF 45 million higher in the other countries 2007: CHF 84 million higher.
At 31 December 2008, if the fair value of equity securities andproperty had been 10% lower, the embedded value would have been CHF 447 million lower in Switzerland(2007: CHF 377 million lower) and CHF 46 million lower in the other countries 2007: CHF 83 million lower.
At 31 December 2008, if the investment returns for equity securities andproperty had been 100 basis points lower, the embedded value would have been CHF 267 million lower in Switzerland(2007: CHF 206 million lower) and CHF 67 million lower in the other countries 2007: CHF 118 million lower.
At 31 December 2008, if the investment returns for equity securities andproperty had been 100 basis points higher, the embedded value would have been CHF 171 million higher in Switzerland(2007: CHF 181 million higher) and CHF 65 million higher in the other countries 2007: CHF 119 million higher.
At 31 December 2008, if the new money rate with regardto bonds had been 100 basis points higher, the embedded value would have been CHF 41 million higher in Switzerland(2007: CHF 151 million higher) and CHF 207 million higher in the other countries 2007: CHF 255 million higher.
Higher overall mortalitywould have a significant positive effect on the embedded value of life annuities(survival risk) whereas the negative effect on the embedded value of contracts with mortality risk is comparatively limited due to respective reductions in policyholder bonuses.